How to Pay Down Debt with a Loan

When you’re revolving balance across multiple credit cards, your debt is going to become increasingly hard to manage, especially as interest fees pile up. You may even feel like you can’t make a dent in your debt and lose hope that you can pay it off. A debt consolidation loan, however, may help you pay down your debt faster while saving you big bucks on interest. Check out my recent interview with ABC 7 NY about what you need to know before looking for a loan.

Click on the image below to watch the clip.

Andrea Woroch

Andrea Woroch is a nationally-recognized consumer and money-saving expert who regularly contributes to leading national and regional news stories. She has appeared on NBC's Today Show, Dr. OZ, Good Morning America, FOX & Friends, MSNBC, CNN, ABC News with Diane Sawyer, and been quoted in New York Times, Wall Street Journal, Money Magazine, Kiplinger Personal Finance, Better Homes & Garden and many others. Andrea also enjoys writing articles for various personal finance and lifestyle websites and blogs. Andrea is passionate about sharing ideas and tips to help you live on less without having to sacrifice. She says making a few small tweaks to daily and monthly spending is all you need to do to achieve your dreams within your means. Follow Andrea on Facebook and Twitter for daily savings tips and check back for new videos, magazine stories and blog posts all about saving money!

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